EUR Trading Outlook (04-03-2016)
EUR/USD Intraday: continuation of the rebound.
Pivot: 1.0890
Our preference: long positions above 1.0890 with targets @ 1.1000 & 1.1030 in extension.
Alternative scenario: below 1.0890 look for further downside with 1.0850 & 1.0825 as targets.
Comment: the RSI is mixed to bullish.
Supports and resistances:
1.1070 ***
1.1030 ***
1.1000 ***
1.0947 Last
1.0890 ***
1.0850 ***
1.0825 ***